GLP, an investor and developer of logistics warehouses and distribution parks, has begun earthworks on the site of G-Park Ashby-de-la-Zouch.
G-Park Ashby is a 48-acre development site benefitting from an outline planning permission to deliver build-to-suit logistics warehouse opportunities of up to 736,487 sq ft. Earthworks are progressing rapidly and are expected to be finished by early 2023, with the full development set to complete by Q1 2024.
The site can be developed as either one single unit or two units, depending on customer requirements, with clear internal heights of up to 18 metres. The development will be BREEAM Excellent and WELL ready, and will feature a range of sustainability features including rainwater harvesting and energy tracking and consumption tools for customers.
Adrienne Howells, senior development director at GLP, said: “G-Park Ashby is an exciting addition to our portfolio in the Midlands and indicates our ongoing confidence in opportunities in the Golden Triangle, following the success of projects such as Magna Park Lutterworth. Trends such as e-commerce have buoyed already high demand for prime logistics space, particularly high-quality, conveniently-located, sustainable facilities such as this.
“Not only will this new development bring excellent opportunities for our customers; it will also boost employment in the region, creating almost 1,000 new jobs and providing major benefits for the local economy. Once again, we are planning our development with place-making as a priority, focusing on environmental features such as our ponds, green open spaces and our G-Hive bee programme.”
